Put the power of receivership to work for you!
We frequently use the receivership remedy to collect Texas judgments. The purpose of the turnover/ receivership statute, Tex. Civ. Prac. & Rem. Code §31.002, is to put a reasonable remedy in the hands of a diligent judgment creditor, subject to court supervision. Recent legislative amendments have made it easier for a judgment creditor to receive a court’s assistance in reaching property to obtain satisfaction on the judgment.
We use experienced attorney-receivers, who have been appointed on hundreds of Texas receiverships. Although receivership is not magic, we often have success with this remedy when the judgment debtor has an ongoing business, accounts receivable, or other leviable property.
Call us today to discuss how receivership may benefit you.